“Can a UK FCA-registered crypto infrastructure platform become the go-to regulated rails for institutions launching digital asset services in the UK?”
Zumo started as a consumer crypto wallet app for the UK market, offering custodian and non-custodian digital wallets alongside a GBP e-money account powered by Modulr. It has since pivoted into a B2B 'digital assets as a service' platform, positioning itself as the regulated infrastructure layer for UK crypto market access. Its 'Crypto Access' product targets institutional clients — crypto firms, wealth managers, and fintechs — providing custody, trading execution, fiat connectivity, AML workflows, and FCA-aligned onboarding as a white-label service. The company is now preparing to transition from FCA cryptoasset registration to full UK authorisation ahead of the 2027 regulatory deadline.
Zumo discloses Modulr as its banking provider, according to the Embedded Finance Index 2026.
Zumo does not disclose a bank charter of its own; its banking services are provided through Modulr.
Zumo is headquartered in Edinburgh, Scotland, UK.
Get a read on where your own stack stands against Zumo and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.